Particle.news
Download on the App Store
10 ARTICLES
·
last wk.

Charles Schwab to Add Solana, Avalanche and Chainlink to Schwab Crypto

The expansion puts broker‑custodied access to major altcoins behind a 0.75% per‑trade fee under a Schwab Premier Bank and Paxos custody arrangement.

Image
$13t asset manager charles schwab adds 3 altcoins to its crypto push
Image
Charles Schwab to add Solana, Avalanche and Chainlink to crypto platform

Overview

  • Schwab announced Thursday that it will add Solana (SOL), Avalanche (AVAX) and Chainlink (LINK) to Schwab Crypto in the coming months but gave no firm launch date.
  • The firm confirmed a 0.75% fee on the dollar value of each crypto trade and said Paxos will handle trade execution and sub‑custody while Charles Schwab Premier Bank holds customer assets.
  • Schwab has not committed to allowing external deposits or withdrawals, enabling staking, or offering specific order types, leaving key user functions unresolved at launch.
  • The service remains unavailable in New York, Louisiana and U.S. territories, and Schwab warned listings could be delayed or changed for regulatory or operational reasons.
  • Prices for the three tokens rose after the announcement, and Schwab’s nearly 40 million accounts and $13 trillion in client assets could shift more retail flows into broker‑custodied crypto and away from standalone exchanges.